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Glass-products designer Apogee Enterprises Inc. (APOG), Tuesday reported a surge in profit for the second quarter, reflecting a 30 percent growth in revenues and a tax benefit. Both earnings and revenues for the quarter came in ahead of Wall Street estimates. Moving ahead, the company lifted its financial...

Adobe-091614.jpg Adobe reported a plunge in third-quarter profit, hurt mainly by one-time expenses that offset some growth in revenue. Earnings, however, surpassed Wall Street estimates, but revenue fell shy of expectations. The company detailed some weak earnings and revenue outlook for the fourth quarter, signifying pressure even as it strives to enhance its cloud-based revenue strategy. Adobe shares slid 4%...

Insulet Corp (PODD), a maker of insulin infusion systems, Tuesday named Patrick Sullivan as its president, chief executive officer and director, effective immediately. Sullivan succeeds Duane DeSisto, who is retiring after 13 years at the company. DeSisto will be available to the company as a consultant...

Apogee Enterprises, Inc. (APOG) reported net income for the second quarter of $16.8 million or $0.57 per share, compared to $6.1 million or $0.21 per share for the year-ago quarter. Excluding a $0.22 per share tax credit, adjusted earnings per share for the latest quarter were $0.35. Net sales...

Drive-in restaurants chain Sonic Corp (SONC) said Tuesday that for the fiscal year 2015, it expects earnings per share growth at the higher end of its long-term 14 to 15 percent growth target. The outlook for fiscal 2015 anticipates the following elements: positive same-store sales in the low single...

Adobe Systems Inc. (ADBE) reported net income for the third quarter of $44.7 million or $0.09 per share, compared to $83.0 million or $0.16 per share for the year-ago quarter. Excluding items, adjusted net income for the third quarter was $140.6 million or $0.28 per share, compared to $164.4 million...

Shares of Entropic Communications Inc (ENTR) gained about 8 percent on Tuesday, after the semiconductor company authorized the evaluation of strategic alternatives to enhance shareholder value. The company, which has been posting successive losses, also slashed its outlook for the current quarter, citing...

Entropic (ENTR) said that its Board has authorized the evaluation of strategic alternatives to enhance shareholder value. The Board intends to consider a wide range of alternatives available to the Company. The company has engaged investment bank Barclays in connection with its efforts. The company...

Investment banking firm Jefferies Group LLC, a part of diversified holding company Leucadia National Corp (LUK), on Tuesday reported a surge in profit for the third quarter from last year on higher investment banking revenues as well as strong sales and trading business results. The company's net...

Leucadia National Corp. (LUK) owned Jefferies Group LLC Tuesday reported a surge in its third-quarter earnings, driven by a boost in the group's investment banking revenues. Net earnings attributable to stockholders soared to $83.6 million from $11.7 million a year ago. Earnings before income...

Financial data provider FactSet Research Systems, Inc. (FDS) reported Tuesday a profit for the fourth quarter that increased from last year, reflecting improved margins and revenue growth as the company continued to add subscribers. Adjusted earnings per share and quarterly revenues topped analysts'...

Financial data provider FactSet Research Systems, Inc.'s (FDS) fourth-quarter net income rose to $55.4 million, or $1.31 per share, from $51.0 million, or $1.16 per share, a year ago. On average, 15 analysts polled by Thomson Reuters expected earnings per share of $1.30 for the quarter. Analysts' estimates...

UK's online fashion retailer ASOS Plc (ASC.L, ASOMF.PK, ASOMY.PK) Tuesday said its fourth-quarter revenue grew 16 percent from last year, and the growth was 22 percent at constant exchange rate. After adjusting for insurance proceeds, the firm expects profit before tax for fiscal 2014 to be in line with...

Thomas-Cook-Group-Plc-091614.jpg Tour operator Thomas Cook Group Plc Tuesday said it expects operational performance in fiscal 2014 to show a material improvement over last year, despite recent downturn in consumer confidence in Germany. The shares fell more than 6 percent in the morning trade in London.

Tour operator Thomas Cook Group Plc (TCKGY.PK, TCG.L) said its successful transformation continues, and its fiscal 2014 operational performance is expected to show material improvement on last year, in spite of the recent downturn in consumer confidence in Germany. For fiscal 2014, the firm expects...